01.06.2026 13:50
The decision has been made in the concordat case filed for Çakıroğulları İnşaat, which is known for its luxury residential projects in Ankara. The court rejected the requests of the company and its partners, ruling for bankruptcy. While all legal protections for the company have been lifted, the bankruptcy process officially commenced on May 21, 2026. It was decided to send the file to the Ankara Bankruptcy Office.
A bankruptcy decision was issued by the court for Çakıroğulları İnşaat, known for luxury residential and multi-family living projects in Ankara. The company's request for conciliation was rejected, all legal protections on it were lifted, and the bankruptcy process was officially initiated.
CONCILIATION REQUEST REJECTED
A decision was made in the conciliation case filed against Çakıroğulları İnşaat, which had been undergoing legal proceedings for some time due to financial difficulties.
Ankara 3rd Commercial Court of First Instance separately rejected the conciliation requests of the company and its partners, Adil Görkem and Emre Altıntaş.
ALL PROTECTIONS LIFTED
The court lifted the definitive stay order previously granted for the company and all related interim injunctions. It was determined that the protective provisions under the Enforcement and Bankruptcy Law had expired, and the supervisory board overseeing the company was also dismissed.
BANKRUPTCY DECISION OFFICIALLY ANNOUNCED
The court panel ruled for the bankruptcy of Çakıroğulları İnşaat under the relevant article of the Enforcement and Bankruptcy Law.
According to the decision, the company's bankruptcy was officially declared as of 12:12 PM on May 21, 2026. It was decided that the case file would be sent to the Ankara Bankruptcy Office to carry out the proceedings.
KNOWN FOR LUXURY RESIDENTIAL PROJECTS IN ANKARA
Çakıroğulları İnşaat was among the companies building luxury residences, residential buildings, and multi-family living projects in Ankara. The company's bankruptcy decision drew attention in the sector.